Alcoa (NYSE:AA) Stock Has Consensus Target Price of $58.23 According to Brokerages

Posted by Stanley Muller on Oct 26th, 2026

Shares of Alcoa (NYSE:AA – Get Free Report) have received a consensus rating of “Hold” from the thirteen analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $58.23.

AA has been the subject of several recent analyst reports. Morgan Stanley reduced their target price on Alcoa from $53.00 to $50.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 7th. Royal Bank Of Canada set a $70.00 price objective on Alcoa in a report on Wednesday, July 1st. Wells Fargo & Company reaffirmed an “overweight” rating on shares of Alcoa in a research note on Friday, October 16th. Wall Street Zen cut shares of Alcoa from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Finally, Argus reaffirmed a “hold” rating on shares of Alcoa in a research note on Thursday.

Get Our Latest Report on AA

Insider Activity at Alcoa

In related news, EVP Tammi A. Jones sold 15,628 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $50.60, for a total value of $790,776.80. Following the completion of the transaction, the executive vice president directly owned 39,819 shares of the company’s stock, valued at $2,014,841.40. This represents a 28.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Renato Bacchi sold 700 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $51.02, for a total value of $35,714.00. Following the completion of the transaction, the executive vice president owned 74,930 shares of the company’s stock, valued at approximately $3,822,928.60. The trade was a 0.93% decrease in their position. The SEC filing for this sale provides additional information.

Hedge Funds Weigh In On Alcoa

Several large investors have recently made changes to their positions in AA. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Alcoa during the second quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd lifted its stake in Alcoa by 5,281.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 581 shares during the period. Western Wealth Management LLC purchased a new stake in shares of Alcoa during the 1st quarter valued at about $35,000. Root Financial Partners LLC bought a new position in shares of Alcoa during the 3rd quarter valued at $42,000. Finally, Orion Capital Management LLC bought a new stake in shares of Alcoa in the second quarter worth $52,000.

Alcoa Stock Up 0.1%

AA opened at $37.96 on Wednesday. Alcoa has a 12 month low of $35.12 and a 12 month high of $84.38. The company has a market cap of $10.02 billion, a PE ratio of 6.56, a price-to-earnings-growth ratio of 0.56 and a beta of 1.74. The company has a current ratio of 2.31, a quick ratio of 1.66 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average of $45.78 and a 200 day moving average of $54.91.

Alcoa (NYSE:AA – Get Free Report) last released its quarterly earnings data on Thursday, October 15th. The industrial products company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.31. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.77 billion. Alcoa had a return on equity of 24.58% and a net margin of 10.77%. The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. On average, sell-side analysts expect that Alcoa will post 6.70 EPS for the current year.

Alcoa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, October 27th. Alcoa’s dividend payout ratio is currently 6.91%.

Key Headlines Impacting Alcoa

Here are the key news stories impacting Alcoa this week:

Positive Sentiment: Alcoa’s quarterly results benefited from improving smelter economics. The company previously reported adjusted earnings of $1.82 per share, above the $1.51 consensus estimate, while revenue increased 23.7% year over year to $3.70 billion. Alcoa Posts Quarterly Results As Smelter Economics Improve
Neutral Sentiment: Alcoa’s valuation remains relatively modest, but its high beta and declining position below its 50-day and 200-day moving averages indicate elevated volatility and ongoing investor caution.
Negative Sentiment: Argus Research downgraded Alcoa from Buy to Hold, citing mounting pricing pressure and expanding global aluminum supply. Argus warned that these conditions could weigh on near-term profit margins. Argus Research Downgrades Alcoa Alcoa Downgraded at Argus
Negative Sentiment: The Argus downgrade triggered significant selling as investors focused on market headwinds, excess supply and the risk that weaker pricing will offset operational improvements. Alcoa Shares Fall After Argus Downgrade
Negative Sentiment: Citigroup, B. Riley Financial and Freedom Broker each issued more pessimistic forecasts or lowered expectations for Alcoa, adding to the negative analyst sentiment surrounding the stock. Citigroup Forecast for Alcoa B. Riley Forecast for Alcoa Freedom Broker Expectations for Alcoa

Alcoa Company Profile

(Get Free Report)

Alcoa Corporation (NYSE:AA) is a global producer of bauxite, alumina and aluminum. Its operations span the aluminum value chain, including bauxite mining, alumina refining, aluminum smelting, casting and the production of value-added aluminum products. These materials serve customers in industries such as transportation, building and construction, packaging, aerospace and industrial manufacturing.

The company operates across multiple regions, with assets and activities in North America, South America, Europe, Australia and other international markets.